Light trucks help Canadian auto sales hit record level in Novemberby Canadian Plastics
Strong trucks sales helped push auto sales up 3.6 per cent in November 2014, setting a record for the month, according to DesRosiers Automotive Consultants Inc.
GM investing $200 million in 2 Michigan plants for new vehicleby Canadian Plastics
General Motors Co. (GM) is investing US$200 million in two plants in Michigan in order to expand vehicle manufacturing in that state.
SPE names Automotive Innovation Award winnersby Canadian Plastics
The Automotive Division of the Society of Plastics Engineers (SPE) has announced the award winners of its Automotive Innovation Awards Competition – chief among them the an active glove box application on the 2015 Ford Motor Co. Ford…
Magna reports Q3 profit, sales up from last yearby Canadian Plastics
Canadian auto parts maker Magna International Inc. reported its third-quarter 2014 profits grew to US$470 million, up from US$319 million a year ago, as the auto industry saw production gains in both North America and Europe.
Canada nears record auto sales in 2014: Scotiabankby Canadian Plastics
Passenger vehicle sales in Canada soared 13 per cent above a year earlier in September, lifting purchases to an all-time record annual rate of two million units, according to the latest figures from Scotiabank.
SPE names Automotive Innovation Awards finalistsby Canadian Plastics
The Society of Plastics Engineers (SPE) Automotive Division has selected finalists for its 2014 Automotive Innovation Awards competition, said by SPE to be the oldest and largest competition of its kind in the world. Category winners and the…
Magna opens exteriors facility in Michiganby Canadian Plastics
Canadian auto parts supplier Magna International Inc. has opened DexSys, a new greenfield automotive exterior products plant in Delta Township, Mich.
Auto parts sector must invest to thrive: DesRosiersby Canadian Plastics
There are good days ahead for Canada’s automotive parts makers and toolmakers – but only the companies that invest in manpower, technology, and research and development will reap the full benefits, according to Canadian…
New APMA head talks industry strengths, challengesby Canadian Plastics
Canadian automotive parts makers are fully capable of competing globally, but it’s still crucial to retain Canada’s existing auto assembly plants, according to Flavio Volpe, the new president of the Automotive Parts Manufacturers…
Canada posts trade deficit with the world in August: StatsCanby Canadian Plastics
Canada’s merchandise trade balance with the world went from a surplus of $2.2 billion in July to a deficit of $610 million in August, according to new figures from Statistics Canada.
Magna buys automotive closure maker Techformby Canadian Plastics
A subsidiary of Canada-based automotive parts maker Magna International Inc. has signed an agreement to acquire the Techform Group of Companies, an automotive supplier of hinges, door locking rods and other closure products.
Canadian auto parts shipments up 14% in 2014: Scotiabankby Canadian Plastics
Benefiting from a recovery in U.S. vehicle sales, Canadian auto parts shipments have surged 14% this year, according to the latest Scotiabank Global Auto Report.
Magna to open two new facilities in Indiaby Canadian Plastics
Auto parts maker Magna International Inc. is opening two new facilities in India.
New president for APMAby Canadian Plastics
The Automotive Parts Manufacturers Association (APMA) has a new president.
Reko International lands major precision machining contractby Canadian Plastics
Ontario-based tooling supplier Reko International Group Inc. has signed a three-year, multi-million dollar machining contract.
Papp Plastics partners with Inplax for Mexican auto parts JVby Canadian Plastics
Windsor, Ont.-based auto parts manufacturer Papp Plastics and Distributing Ltd. has formed a joint venture with Mexican molder Inplax S.A de C.V.
GM building stamping plant in Michiganby Canadian Plastics
Automaker General Motors is building a new US$174-million stamping facility that will create or retain about 145 jobs in Michigan.
Record sales for Magna in Q2 2014by Canadian Plastics
Auto parts maker Magna International Inc. reported $510 million in net income during the second quarter of the 2014, up from $415 million in the same period a year ago.
Lightweighting leads automotive fuel efficiency technologies: surveyby Canadian Plastics
Almost half of the participants in a recent automotive industry survey identified lightweighting as a top focus for improving fuel efficiency.
Cooper Standard forms Asia-Pacific JV with Inoacby Canadian Plastics
In a bid to expand its fluid transfer systems products into the Asia Pacific automotive market, Cooper Standard Holdings Inc. – the parent company of auto parts supplier Cooper Standard Automotive Inc. – is forming a joint venture…